Awarded

Study on Standardised Cost Estimates of Regulatory Obligations for FCA

Awarded 17 Oct 2016

View live tenders
Awarded17 Oct 2016
Value£60,000.00
RegionLondon
CategoryConsultancy & Legal
Ended 9y 10mo ago3mo term
Awarded 17 Oct 2016Expired 17 Jan 2017

The Financial Conduct Authority awarded a contract to Real Assurance Risk Management LTD for a study to provide up-to-date estimates of the costs to business of certain regulatory obligations.

The study aims to produce a schedule of labour costs for different grades of relevant labour in financial services and estimates of the cost to business of certain kinds of obligations the FCA repeatedly places on firms, both for one-off and ongoing costs.

The results will be used in FCA cost-benefit analyses and Enterprise Act business impact assessments, requiring a robust and transparent methodology acceptable to the Regulatory Policy Committee.

The contract value is AUD 60,000.

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